Why Watsco Stock Is Higher Today
Watsco (NYSE: WSO) investors have endured a series of disappointing earnings announcements, with shares falling following each of the last three reports.
In the first quarter, the company failed to meet expectations once again, but the markets are encouraged by what management sees up ahead. Shares of Watsco were up 7% as of 2 p.m. ET in the wake of the industrial distributor's earnings release.
Watsco is a distributor of parts and products for the North American heating, air conditioning, and refrigeration (HVAC) market. In 2023, the company at times felt the impact of softening demand from customers due to economic uncertainty.
Source Fool.com
Watsco Inc. A Aktie
454,50 €
-0,04 %
Positive Community-Reaktionen für Watsco Inc. A mit einigen mehr Buy- als Sell-Einschätzungen.
Ein negatives Potenzial von -5.39% für Watsco Inc. A, trotz eines niedrigeren Kursziels von 430 € als 454.5 €.
